Thomas Hayes, chairman of Great Hill Capital, spoke about how long stock prices will continue to rise after Trump's election victory over Bernie & Company.
shares of Electric car manufacturer Tesla Stocks rose sharply on Wednesday after President-elect Trump won the presidential election.
Tesla shares soared as much as 14% after the market opened, but had pared some of that gain to 11.5% as of mid-morning.
Tesla CEO Elon Musk He supported Trump's efforts to return to the White House and was a prominent financial supporter of his campaign.
Trump has been critical of incentives and subsidies for electric vehicles, but in his victory speech early Wednesday morning he praised Musk's work at Tesla, calling him a “super genius.”
Tesla CEO Elon Musk has been a vocal supporter of the Trump campaign. (Jim Watson/AFP via Getty Images/Getty Images)
Wall Street predicts it's coming. trump administration He plans to cut taxes and pursue a deregulatory agenda similar to that of the former president's first term.
This is a developing story. Please check back for the latest information.
